The Age Of Transparency

When the global financial crisis wiped out $30 trillion in financial assets, caused mass unemployment and nearly bankrupted Europe, it reinforced the need for more effective corporate governance, better transparency and greater integrity in corporate management. When WikiLeaks — the so-called “people’s intelligence service” — embarrassed the Pentagon and the U.S. State Department, it became clear that not even the world’s most powerful government could maintain a monopoly on information.

And when a connected generation of freedom-seeking youth topple despots and dictators across North Africa and the Middle East, it’s safe to say that the transparency trend has gone truly global.

Read the full article in the Financial Executives International.